UNWTO Investment Guidelines – Strategies to Safeguard Tourism Investments during COVID-19

2021 ◽  
Keyword(s):  
At Risk ◽  
Foreign Investment ◽  
Economic Recovery ◽  
Investment Projects ◽  
Investment Promotion ◽  
Tourism Sector ◽  
World Association ◽  
The World ◽  
World Tourism Organization ◽  
Tourism Organization

The COVID-19 pandemic has hit investments in tourism hard. While global FDI dropped by 35% in the first half of 2020, within the tourism sector the fall in announced foreign investment was 73.2%. As a result, the sector lost USD 1.3 trillion in export revenues in 2020, placing between 100 million and 120 million direct tourism jobs at risk and translating into an estimated loss of over USD 2.5 trillion in global GDP. In this context, the World Tourism Organization (UNWTO) identified investments as one of four key areas to be prioritized as the sector restarts and recovers. For this purpose, UNWTO has joined forces with the World Association of Investment Promotion Agencies (WAIPA) to strengthen the capacities of its Member States to safeguard, attract and promote tourism investment projects during and after the pandemic for faster economic recovery.

scholarly journals THE IMPORTANCE OF COMMUNICATION WITH DOMESTIC TOURISTS IN RECOVERING FROM COVID-19 PANDEMIC

2021 ◽  
Author(s):  
Tatjana Cvetkovski ◽  
◽  
Violeta Cvetkovska Tomanović ◽  
Keyword(s):  
Statistical Data ◽  
Recovery Period ◽  
Tourism Sector ◽  
The World ◽  
The Future ◽  
World Tourism Organization ◽  
The Republic ◽  
Tourism Organization ◽  
Overnight Stays ◽  
Spreading Disease

At the time of the Covid-19 pandemic, when tourist traffic is falling sharply, domestic tourists become very important. They become the dominant or even the only source of income for tourism sector. This paper shows that due to the closure of countries in order to reduce the possibility of spreading disease, both the number of tourists and the number of overnight stays declined. However, in the summer months and during the holidays, domestic tourists filled capacities and resourceful individuals managed to take advantage of the opportunity that arose by adjusting their offer and/or tourist product. The conducted research is based on statistical data from the World Tourism Organization (UNWTO) and Statistical Office of the Republic of Serbia. Given the recovery period of the tourism sector as well as the possibility of new and similar diseases in the future, communication with domestic tourists will become increasingly important, as shown by this research.

scholarly journals A contribution of fuzzy logic to sustainable tourism through a case analysis in Brazil

2020 ◽  
pp. 1-14
Author(s):  
Luciano Barcellos de Paula ◽  
Anna María Gil-Lafuente ◽  
Daniela F. Alvares
Keyword(s):  
Sustainable Development ◽  
Case Analysis ◽  
Economic Sectors ◽  
Economic Issues ◽  
The Past ◽  
Tourism Sector ◽  
The World ◽  
World Tourism Organization ◽  
Tourism Activity ◽  
Tourism Organization

Society is increasingly concerned about environmental, social and economic issues. According to the World Tourism Organization, over the past six decades, tourism has experienced a continuous expansion and diversification to become one of the fastest-growing economic sectors in the world. Furthermore, studies affirm the complexity of the tourism sector and the fact that sustainable development depends on various topics that are not correctly identified by managers and policymakers. For these reasons, this paper aims to reflect on the effects of tourism and to propose alternatives that can be sustainably managed. In terms of results, knowledge gaps have been identified and, through a case analysis in Brazil, the forgotten effects of tourism activity that can have an impact on sustainable development have been exposed. Also, an algorithm has been presented to manage uncertainty and facilitate decision-making.

scholarly journals Carrying Capacity Analysis in Mizoram Tourism

2019 ◽  
Vol 4 (1) ◽  
pp. 30-37
Author(s):  
Ghanashyam Deka ◽  
Rintluanga Pachuau
Keyword(s):  
Carrying Capacity ◽  
Capacity Analysis ◽  
Future Planning ◽  
Tourist Destinations ◽  
Tourism Sector ◽  
The World ◽  
Important Study ◽  
World Tourism Organization ◽  
The 1960S ◽  
Tourism Organization

Tourism Carrying Capacity was defined by the World Tourism Organization as the highest number of visitors that may visit a tourist spot at the same time, without causing damage of the natural, economic, environmental, cultural environment and no decline in the class of visitors' happiness. Carrying capacity is a concept that has been extensively applied in tourism and leisure studies since the 1960s, but its appearance can be date back to the 1930s. It may be viewed as an important thought in the eventual emergence of sustainability discussion, it has become less important in recent years as sustainability and its associated concepts have come to dominate planning on the management of tourism and its impacts. But the study of carrying capacity analysis is still an important tool to know the potentiality and future impact in tourism sector. Thus, up to some extent carrying capacity analysis is important study for tourist destinations and states like Mizoram. Mizoram is a small and young state with few thousands of visitors that visit the state every year. But with the existing facilities will it be okay for future planning is significant to study. Hence, this paper is an attempt to study the carrying capacity of Mizoram Tourism with some selected destinations.

scholarly journals Ways of Tourism Development in Uzbekistan

2020 ◽  
Vol 7 ◽  
Author(s):  
Turaev Bakhodir Hatamovich ◽  
Saidov Abdullo Shukhratovich
Keyword(s):  
Tourism Industry ◽  
Unesco World Heritage ◽  
Cultural Aspects ◽  
The Past ◽  
World Heritage List ◽  
Tourism Sector ◽  
The Social ◽  
The World ◽  
World Tourism Organization ◽  
Tourism Organization

Over the past decades, tourism has become an important sector of the economy. The importance of tourism is important not only for the economy, but also for human development in the social and cultural aspects. The active tourism sector is considered to be youth. According to the World Tourism Organization, the number of tourists among young people is growing among tourists around the world. The UNWTO predicts that by 2020 there will be nearly 370 million international youth trips per year. The tourism industry in Uzbekistan has significant development potential. Uzbekistan has a very large tourism and recreational potential. On the territory of the country there are more than 7400 monuments of architecture and art of different eras and civilizations, many of which are included in the UNESCO World Heritage List. This article describes the measures taken to develop the tourism industry in Uzbekistan over the past 3 years, as well as gives tips on the development of youth tourism in Uzbekistan.

COVID-19 and Alternative Tourism

2021 ◽  
pp. 786-805
Author(s):  
Buket Buluk Eşitti
Keyword(s):  
Natural Habitats ◽  
New Destinations ◽  
Alternative Tourism ◽  
Tourism Sector ◽  
The World ◽  
World Tourism Organization ◽  
The Subject ◽  
Tourism Organization ◽  
Physical Spaces ◽  
Smart Tourism

According to the World Tourism Organization (UNWTO), tourism is expected to lose between $900 billion and $1.2 trillion in 2020 due to the COVID-19 pandemic. It is also estimated that the decrease in the total number of tourists due to the COVID-19 pandemic will occur between 58% and 78%. It can be said that competition in the tourism sector will be experienced intensely among countries with alternative tourism diversity when evaluated in terms of outbreaks that may occur in COVID-19 process and after. In this context, it is seen that natural habitats, physical spaces isolated from society, digitalization, and smart tourism applications will gain more importance in terms of tourism activities and will come to the fore in the destination preferences of tourists. Based on this, this chapter aims to examine the subject of COVID-19 and alternative tourism in the context of new destinations and new tourism products.

Tourism to the year 2000 - Qualitative Aspects Affecting Global Growth

1990 ◽  
Keyword(s):  
Policy Making ◽  
Supply And Demand ◽  
Study Programme ◽  
The World ◽  
Work Programme ◽  
World Tourism Organization ◽  
Tourism Organization ◽  
Year 2000 ◽  
Global Growth ◽  
General Work

The World Tourism organization (UNWTO) has initiated study programme on tourism to the year 2000 as part of its general work programme requested by members. The general objective of the study programme is specified as being: To identify the major trends in tourism supply and demand worldwide and by region and their impact on the various sectors of tourism trades; together with implications for policy making and relevant strategies.

scholarly journals Uzbekistan is Pearl of the East

2018 ◽  
pp. 438-446
Author(s):  
Alisher Abdualiev
Keyword(s):  
Legal Framework ◽  
Tourism Industry ◽  
Unesco World Heritage ◽  
Tourist Attractions ◽  
The World ◽  
World Tourism Organization ◽  
Important Direction ◽  
The Republic ◽  
Tourism Organization ◽  
Tea Ceremony

The author describes the rapidly developing tourism industry in Uzbekistan. The country purports to become one of the most frequented tourist attractions in the world, as attested to by its many achievements. Since 1993, the country has been a member of the UN World Tourism Organization. The author dwells on the results of tremendous work on the overhaul of the tourist industry, transport and hotel infrastructure. The country has also seen the development and perfection of the appropriate legal framework and new national terminology standards. The author points out that the establishment of programmes for the development of tourism opportunities in various regions of Uzbekistan is ongoing, whereby nearly 450 projects are planned. The regions work upon development of agri- and ecotourism. The measures on simplification and bringing to the world standards the visa process and registration of foreign citizens became highly important for Uzbekistan. The author concludes that such measures have resulted in an increase of number of tourists by 32,7 percent, as compared with the previous year. The export of tourist services has increased by 18,3 percent. According to the author, the main attractions of Uzbekistan for foreign tourists are peace, stability, the atmosphere of mutual respect and welfare; the resources available allow developing all kinds of tourism. Nowadays, Uzbekistan can boast about business, recreation, historical and architectural, folklore and ethnographical, religious and other kinds of tourism. The author emphasizes ecotourism is an important direction. Uzbekistan is a nice place for randonneurs, fans of bicycle touring, etc. The author pays attention to relations between Uzbekistan and Ukraine. It is said that the two states are in search of new forms of cooperation, with Ukraine being a tourist partner of Uzbekistan. The author also describes the cognitive aspect of the aforementioned tourism, namely about peculiarities of Uzbek families. Respect for elder people, tea ceremony as an element of hospitality, rules of etiquette while staying in an Uzbek house, and interesting traditions all serve to multiply the desire to visit the sunny Uzbekistan. Keywords: the Republic of Uzbekistan, tourist sphere, International Organization for Standardization (ISO), UNESCO World Heritage, Uzbekistan-Ukraine relations.

scholarly journals FEATURES OF GLOBAL INVESTMENT POLICY: MODERN TRENDS AND PROSPECTS

2019 ◽  
pp. 142-148
Author(s):  
Larisa Germanovna Chuvakhina
Keyword(s):  
Foreign Direct Investment ◽  
Foreign Investment ◽  
Direct Investment ◽  
World Economy ◽  
International Investment ◽  
Investment Policy ◽  
Investment Promotion ◽  
The Us ◽  
The World

The article highlights the current problems of investments in the development of the world economy, when international investment needs are significantly high. The priority is given to the issues of investment resources for achieving the goals of sustainable development of the world economy. It has been stated that for creating the effective economic policy, the countries need to attract foreign investment. The current trends in the development of global market for foreign direct investment flows are examined. The flows of global foreign direct investment in 2017-2018 are analyzed. Special attention is given to the study of the US investment policy. The reduction in US investments into the Russian economy in terms of the sanctions policy against Russia is marked. The changes in the investment policy of the administration of D. Trump in terms of strengthening American protectionism are underlined. The issues of US-EU investment cooperation are considered. The role of the US Federal Reserve in regulating the activities of foreign companies in the US market is defined. The main decisions taken at the X World Investment Forum of the United Nations Conference on Trade and Development in October, 2018 are considered. The role of investment promotion agencies is defined as one of the tools to attract foreign investments into the country's economy. The decrease in the level of international investment and increased competition between countries for attracting foreign investment is stated. The study confirms that the investment attractiveness of the country, stability of the national financial system, and legal security of business play a decisive role in attracting foreign direct investment.

scholarly journals The role of tourism in the economy. The formation of tourist flows to the ASEAN countries

2021 ◽  
Vol 42 (18) ◽  
pp. 66-77
Author(s):  
Sazhida S. SAFINA ◽  
◽  
Irina G. TETERKINA ◽  
Keyword(s):  
Asia Pacific ◽  
Tourist Flows ◽  
The World ◽  
World Tourism Organization ◽  
Asean Countries ◽  
Tourist Demand ◽  
Tourism Organization ◽  
Statistical Yearbook ◽  
The Impact

In the presented article on the base of statistical data from the World Tourism and Travel Council, the World Tourism Organization, the ASEAN Statistical Yearbook, and the official websites of national tourism organizations of the ASEAN countries the impact of tourism on the economy of the ASEAN countries is assessed. The region’s tourist demand and supply are analyzed. The factors of the formation of the main tourist flows from Asia-Pacific, European, American and Australia and Oceania macroregions are studied.

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